Apt Packaging Ltd

Key Stats

Day's Price Range
52-Week Price Range

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 41
Rank 41
Rank 42
Dividend Yield
Rank 17
Rank 92
Price To Book Ratio
Debt To Asset
Rank 1

Company Information

Anil Chemicals Industries was incorporated on Jun.80 as Anil Chemicals Pvt Ltd and was converted into a public limited company in 1985. It acquired its present name in Jan.96. The company is engaged in the manufacture of prilled ammonium nitrate ammonium nitratefuel oil mixed ANFO emulsified bulk explosives and waterproofing compounds. It has plants at Chikalthana Maharashtra Panoli Gujarat Waidhan Madhya Pradesh and Nandrabad Maharashtra. The company has been promoted by the Machhar group. The company is the first in the country to launch the latest stateoftheart bulkloading system at the opencast mines of Northern Coalfields. It is also the first company in the private sector to sell bulk explosives to Coal India. ACL is the first in the country to manufacture multilayer coextruded tubes used in the packaging of dental and healthcare products at Chitegaon Maharashtra. In recognition of its RD efforts ACL received the NRDC award for developing the ANFO master machine for the preparation of emulsified ANFO bulk explosives.ACL has diversified into the manufacture of waterproofing compounds under a technical collaboration with Atomised Materials US at Nandrabad near Aurangabad. It has also diversified into the manufacture of coextruded plastic tubes with a capacity of 75 mln tubes pa. Navneet Machine Manufacturing Company is the subsidiary of the company.The company has been referred to the BIFR as its losses has exceeded its networth in 1999. As there was a pending decision in price fixation against Coal India Ltd the operations of the plant at Waidhan and Jharsuguda remain suspended.
OrganisationApt Packaging Ltd
HeadquartersAurangabad (Maharashtra)
IndustryPlastic products